As part of the company's efforts to implement best practices in its organizational development and succession management, Omega Flex has evaluated the future short- and long-term needs for the success of its business at the senior levels of the organization. The Board of Directors has approved the following organizational changes, which are effective immediately.
Dean Rivest is promoted to President of Omega Flex, Inc., reporting to Mark Albino. Rivest will be working closely to transition and take on the day-to-day responsibilities of President. Albino will continue his other full-time role as Chief Operating Officer. This segregation of duties at the highest executive level in the organization allows Omega Flex to focus on the most critical short-term needs currently challenging the business while positioning the Company for continued success in achieving its long-term goals.
Ed Moran is promoted to Executive Vice President of Sales for Omega Flex, Inc. Ed will report to Dean Rivest and is responsible for our Residential and Commercial Markets for the Flexible Gas Pipe Division. Business Development and Commercial Sales, and Industrial Sales, including Double Trac, and Industrial Customer Service will report into Ed.
Matt Unger is promoted to Vice-President of Finance and Chief Financial Officer, reporting to Dean Rivest.